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Course Overview

Course Synopsis

Introduction to Law, Kinds of Law, Choice of Business Organization, Lifting the Veil of Incorporation, Section 2 of the Companies Ordinance 1984-Definitions, Jurisdiction and Procedure of the courts, Incorporation of Company and Matters Incidental thereto, Memorandum of Association, Alteration of Memorandum, Articles of Association, Prohibition with Respect to Name of Company, Associations Not For Profit, Kinds of Company, Company Limited by Guarantee—Conversion of Public Company in to Private and vice versa, Service & Authentication of Documents, Prospectus, Allotment of Shares & Debentures, Transfer of Shares & Debentures, Commission, Discount, Premium & Redeemable Preference Shares, Redemption of Preference Shares --- Regulation of Deposits, Nature of shares and certificates of shares, Reduction of Share Capital, Registration of Mortgages & Charges, Receivers & Managers, Registered Office, Publication of Name, Meetings & Proceedings, Directors, Chief Executive---Secretary, Investments, Contracts & Officers etc., Books of Accounts, Audit, Dividends & Manner, Investigation And Related Matters, Prevention of Oppression & Mismanagement, Provisions as to Establishment of Places of Business in Pakistan, Winding up of Company, Securities And Exchange Ordinance, 1969. (Ordinance No. XVII of 1969), Securities and Exchange Commission of Pakistan Act, 1997 (Act No. XLII of 1997), Establishment & Regulation of Non- Banking Finance Companies

Course Learning Outcomes

After going through this course, the student will be able to develop skills to understand provisions of different corporate laws and their application to the corporate organizations with respect to the following:

Jurisdiction and Procedure of the courts in Pakistan

Incorporation of Company and Matters Incidental thereto under company’s Ordinance 1984

What is Memorandum of Association, Articles of Association and Prospectus under company’s Ordinance 1984

Kinds of company and how to convert Public Limited company into Private and vice versa under company’s Ordinance 1984

Allotment and Transfer of Shares and Debentures

Nature of shares and certificates of shares

Shareholder’s Meetings and its Proceedings

Provisions as to Establishment of Places of Business in Pakistan

Winding up of Company under the provisions of Company’s Ordinance 1984

Provisions of Securities And Exchange Ordinance, 1969

Provisions of Securities and Exchange Commission of Pakistan Act, 1997

Establishment & Regulation of Non- Banking Finance Companies

Course Calendar

Topic

Lecture

Resource

Page

Introduction to Law

1

Handouts

1

Kinds of Law

2

Handouts

7

Interpretation of Statutory Law

3

Handouts

19

Choice of Business Organization

4

Handouts

26

Lifting the Veil of Incorporation

5

Handouts

34

Section 2 of the Companies Ordinance 1984-Definitions

6

Handouts

42

Quiz No. 01

Section 2 of the Companies Ordinance 1984-Definitions (Cont)

7

Handouts

44

Jurisdiction and Procedure of the courts

8

Handouts

46

Incorporation of Company and Matters Incidental thereto

9

Handouts

51

Memorandum of Association

10

Handouts

57

Assignment

Alteration of Memorandum

11

Handouts

67

Articles of Association

12

Handouts

69

Prohibition with Respect to Name of Company

13

Handouts

73

Associations Not For Profit

14

Handouts

76

Kinds of Company

15

Handouts

80

Company Limited by Guarantee—Conversion of Public Company in to Private and vice versa